The Chinese government is taking steps to rein in what it calls “involution,” or excessive competition that is hurting local companies and fueling the country’s deflationary spiral. Auto parts inside ...
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The growing problem with China’s unreliable numbers
As he prepared to speak at a panel in Washington last December, Chinese economist Gao Shanwen tapped the microphone not once but twice, as though to make sure he would be heard. “We do not know the ...
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